Finance These 10 American colleges have minted almost 400 billionaires

  • Published:

The tally from Wealth-X doesn't even include drop outs, like Mark Zuckerberg and Bill Gates.

Fifty living billionaires, including Nike founder Phil Knight, hold a degree from Stanford. play

Fifty living billionaires, including Nike founder Phil Knight, hold a degree from Stanford.

(jejim/Shutterstock)
24/7 Live - Subscribe to the Pulse Newsletter!

Currently, only 2,397 people in the world hold billionaire status, according to Wealth-X, a firm that does research and valuations on ultra-high net worth (UHNW) individuals.

While the path to mega-riches certainly isn't the same for all, nearly 400 of those billionaires — 398, to be exact — hold a degree from one of 10 top American colleges, according to the latest report from Wealth-X.

In its tally, Wealth-X counted alumni with both undergraduate and graduate degrees, counting alumni of multiple institutions more than once, but left out those with diplomas, certificates, honorary degrees, and drop outs.

According to the report, 131 living billionaires are Harvard University alumni, commanding a total fortune of more than $528 billion. And that doesn't include Harvard drop outs Mark Zuckerberg and Bill Gates, two of the richest men in the world.

The next highest-billionaire producing school is Stanford University, with 50 known billionaire alumni.

Below, check out the 10 US colleges that have minted the most billionaires, and how much wealth they command.

10. University of California, Berkeley

Eric Schmidt, executive chairman of Google, class of 1982. play

Eric Schmidt, executive chairman of Google, class of 1982.

(Justin Sullivan/Getty Images)

Known billionaires: 19

Combined wealth: $82.7 billion



(TIE) 8. Yale University

Stephen Schwarzman, chairman and CEO of the Blackstone Group, class of 1969. play

Stephen Schwarzman, chairman and CEO of the Blackstone Group, class of 1969.

(Alex Wong/Getty)

Known billionaires: 21

Combined wealth: $99.2 billion



(TIE) 8. University of Chicago

David Rubenstein, cofounder and co-CEO of Carlyle Group, class of 1973. play

David Rubenstein, cofounder and co-CEO of Carlyle Group, class of 1973.

(REUTERS/Fred Prouser)

Known billionaires: 21

Combined wealth: $48.7 billion



7. University of Southern California

George Lucas, founder of Lucasfilm and creator of the Star Wars franchise, class of 1967. play

George Lucas, founder of Lucasfilm and creator of the Star Wars franchise, class of 1967.

(Gerardo Mora/Getty)

Known billionaires: 22

Combined wealth: $51.3 billion



6. Cornell University

Hedge fund manager David Einhorn, founder of Greenlight Capital, class of 1991. play

Hedge fund manager David Einhorn, founder of Greenlight Capital, class of 1991.

(Reuters)

Known billionaires: 23

Combined wealth: $57 billion



5. Massachusetts Institute of Technology (MIT)

David Koch, executive vice president of Koch Industries, class of 1962 and 1963. play

David Koch, executive vice president of Koch Industries, class of 1962 and 1963.

(Reuters/Brendan McDermid)

Known billionaires: 26

Combined wealth: $157.9 billion



4. Columbia University

Warren Buffett, investor, philanthropist, and chairman of Berkshire Hathaway, class of 1951. play

Warren Buffett, investor, philanthropist, and chairman of Berkshire Hathaway, class of 1951.

(Steve Pope/Getty Images)

Known billionaires: 38

Combined wealth: $218 billion



3. University of Pennsylvania

Elon Musk, cofounder of PayPal and founder and CEO of Tesla and SpaceX, class of 1997. play

Elon Musk, cofounder of PayPal and founder and CEO of Tesla and SpaceX, class of 1997.

(REUTERS/Beck Diefenbach)

Known billionaires: 47

Combined wealth: $246.5 billion



2. Stanford University

Phil Knight, cofounder and chairman emeritus of Nike, class of 1962. play

Phil Knight, cofounder and chairman emeritus of Nike, class of 1962.

(Don Ryan/AP)

Known billionaires: 50

Combined wealth: $338.9 billion



1. Harvard University

Meg Whitman, president and CEO of Hewlett-Packard, class of 1979. play

Meg Whitman, president and CEO of Hewlett-Packard, class of 1979.

(AP Images)

Known billionaires: 131

Combined wealth: $528.7 billion